Timothy Initiative Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 348,078 | 320,393 | 27,685 | 5.3 | 20% |
| 2020 | 266,071 | 248,633 | 17,438 | 7.6 | 28% |
| 2021 | 573,285 | 580,398 | −7,113 | 3.9 | 17% |
| 2022 | 550,253 | 529,718 | 20,535 | 4.0 | 34% |
| 2023 | 450,250 | 427,478 | 22,772 | 4.3 | 30% |
In its most recent public year (2023), this organization brought in $22,772 more than it spent. Its reserves stood at about 4.3 months of spending. Staff pay was 30% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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